North Carolina § 143C-8-5 - Six-year capital improvements plan.

§ 143C-8-5. Six-year capital improvements plan.

General. - The State capital improvement plan shall address the long-term capital improvement needs of all State government agencies and shall incorporate all capital projects, however financed, proposed to meet those needs, except that transportation infrastructure projects shall be excluded. On or before December 31 of each even-numbered year, the Director of the Budget shall prepare and transmit to the General Assembly a six-year capital improvement plan. When preparing the plan, the Director of the Budget shall consider the capital improvement needs estimates submitted by State agencies as required in G.S. 143C-8-4. The plan shall be prepared in two parts. Repair and Renovations Requirements. - The first part of the capital improvement plan shall set forth repair and renovations requirements that, in the judgment of the Director of the Budget, should be met within each year of the six-year planning period to protect and preserve existing capital improvement facilities. The plan shall identify individual projects in priority order by State agency and shall specify the means of financing. Real Property Acquisition, New Construction, or Facility Rehabilitations. - The second part of the capital improvement plan shall set forth an integrated schedule for real property acquisition, new construction, or rehabilitation of existing facilities that, in the judgment of the Director of the Budget, should be initiated within each year of the six-year planning period. The plan shall contain for each project (i) estimates of real property acquisition, and construction or rehabilitation costs, (ii) a means of financing the project, (iii) an estimated schedule for the completion of the project, and (iv) an estimate of maintenance and operating costs, including personnel, for the project, covering the first five years of operation. Where the means of financing would involve direct or indirect debt service obligations, a schedule of those obligations shall be presented. History (1997-443, s. 34.9; 2006-203, s. 3; 2016-94, s. 37.7(g).) Editor's Note. - Session Laws 2016-94, s. 37.7.(i), provides: "No later than October 1, 2016, the Director of the Budget shall prepare and transmit to the General Assembly a preliminary six-year capital improvement plan that complies with the requirements of G.S. 143C-8-5 , as amended by subsection (g) of this section, and G.S. 143C-8-3(b) , as enacted by subsection (j) of this section. This plan shall be in addition to any other six-year capital improvement plan required by G.S. 143C-8-5 . Session Laws 2016-94, s. 37.7(k) made the amendment to this section by Session Laws 2016-94, s. 37.7(g), effective July 14, 2016, and applicable to leases entered into or renewed, and to budgets recommended by the Director of the Budget, on or after that date. Session Laws 2016-94, s. 1.2, provides: "This act shall be known as the 'Current Operations and Capital Improvements Appropriations Act of 2016.'" Session Laws 2016-94, s. 39.4, provides: "Except for statutory changes or other provisions that clearly indicate an intention to have effects beyond the 2016-2017 fiscal year, the textual provisions of this act apply only to funds appropriated for, and activities occurring during, the 2016-2017 fiscal year." Session Laws 2016-94, s. 39.7, is a severability clause. Effect of Amendments. - Session Laws 2016-94, s. 37.7(g), effective July 14, 2016, in subsection (c), added "and (iv) an estimate of maintenance and operating costs, including personnel, for the project, covering the first five years of operation" at the end of the second sentence and made stylistic changes. See editor's note for applicability.